November 16, 2012 at 09:45 AM EST
A Visual of The KRI Indicator – Animated From Overheated to Oversold
This is a good way to look at just how this indicator can look for market inflection points and when a counter-trend move could be soon appearing. Notice first that the most overheated area occurred on September 14th. That is marked on the S&P 500 chart below. Follow @andrewhorowitz Also, on the gauge, watch the [...]
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